Any firm or industry which experiences marked cyclical fluctuations in both output and demand can provide a testimony of the damaging effects such oscillations have on profitability. Perhaps none more so than the British Steel Corporation (B.S.C.) whose record in this respect is rather poor. For such industries, therefore, any methods which management science can provide as a means of analysis of the causes and effects of such cycles are to be welcomed. It is suggested in this paper that system dynamics provides an important framework for analyzing the causes of cyclical behaviour in economic systems and that it is this area of application which possesses the greatest chance for successful demonstrations of its use. It is probably for this reason that work using the methods of system dynamics has concentrated, in Gt Britain, on economic systems.

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Date created

• 1981

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

e8eac154b3129692f26c222dbc2c9466

Scope and Contents

Part of

4a97153f59047c298f3bcd6b15c284f5

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives